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Michael Fusco

Licensed Real Estate Salesperson


260 Madison Avenue 5th Floor, New York, NY 10016

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Professional History

Michael Fusco’s career in real estate began while in college, working with The Bonanno Real Estate Group of Teaneck, New Jersey, his grandfather’s company. He was responsible for daily operations along with frequent site visits across the company’s one million square feet of industrial holdings.

Here at Marcus & Millichap, Michael’s main focus is working on multifamily and mixed use assets throughout New York City’s Bronx market. He and the New York Multifamily team provide clients with the highest quality of brokerage through local market expertise, and industry-leading research market trends. As an exclusive listing agent, he works with clients using Marcus & Millichap’s national platform to deliver the highest price through a competitive bidding environment and the quickest probability to close by leveraging existing qualified buyer relationships.

Michael gained an unwavering passion for commercial real estate at a young age from his early experience with the family business, and the exposure to owning and operating a variety of assets. Being born in Wayne, New Jersey, Michael has always been in close proximity to the New York real estate market. He attended West Virginia University where he graduated with a Bachelor’s Degree in Business Administration. When not in the field, Michael can be found with his family and friends, watching sports, or in the gym.

Michael’s Newsroom

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Latest Articles

ArticleBlog PostMarket Insights
September 11, 2023

3 Events That Will Change the Multifamily Market

We are entering the fourth quarter of 2023 with investment sales velocity down 50% over the same period last year. Valuations are down and owners have been slow to divest their assets. Rates have soared in the past 18 months to unsustainable levels so much so that Signature Bank, one of the premier lenders, went belly-up. Low sales velocity is not sustainable and it’s reaching its tipping point. There are three events that are converging on the multifamily market, seemingly all at once, which will shape the market for years…
Blog PostMarket Insights
August 14, 2023

10 Ways To Be A Successful Multifamily Seller

In today’s market we have two types of sellers: proactive and reactive. Or as the results would indicate: successful and unsuccessful. Market dynamics change and as a result what is required of you as a seller will also change. Here are 10 pieces of advice for sellers to set yourself up for a successful transaction. 1. Know your numbers and set goals You would be shocked how many owners don’t know how much income they earn from their property. Whenever I meet with a client about selling, I ask them:…
Blog PostMarket Insights
July 13, 2023

Extend and Pretend: A Glimmer of Hope

In real estate, there exists a strategy known as extend and pretend. It refers to a practice where loans are extended and losses are deferred, all to maintain the façade of stability and prosperity. However, this once popular and seemingly effective approach is now standing on the precipice of collapse. The cracks in its foundation are becoming increasingly apparent, and the consequences of it loom ominously overhead. Nowhere is this truer than in the New York City multifamily marketplace. Four years ago, the business included 3 caps, cheap debt, generous…

Latest Deals of The Week

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Michael’s Recent Closings on Traded